HS Icon Fish-hooks, whether or not snelled

950720 (Harmonized System 1992 for 6-digit)

World Trade (2018): $330M, Rnk 3202 / 4726

Top Exporter (2018): $119M, China

Top Importer (2018): $59.1M, Japan

Export Growth (CAGR)(2017 - 2018): 18.8%, Rnk 1480 / 4726

Mean Tariff (2018): 6.18%, Rnk 3510 / 6538

Share of World Trade (2018): 0.0018%, Rnk 3202 / 4726

Overview:  This page contains the latest trade data of Fish-hooks, whether or not snelled. In 2018, Fish-hooks, whether or not snelled were the world's 3202nd most traded product, with a total trade of $330M. Between 2017 and 2018 the exports of Fish-hooks, whether or not snelled grew by 18.8%, from  $277M to $330M. Trade in Fish-hooks, whether or not snelled represent 0.0018% of total world trade.

Exports: In 2018 the top exporters of Fish-hooks, whether or not snelled  were China ($119M), Japan ($62.1M), South Korea ($20M), France ($19.2M), and United States ($16.9M).

Imports: In 2018 the top importers of Fish-hooks, whether or not snelled were Japan ($59.1M), United States ($36.8M), China ($11.7M), France ($11.4M), and South Korea ($10.9M).

Tariffs: In 2018 the average tariff for Fish-hooks, whether or not snelled was 6.18%, been the 3510 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Fish-hooks, whether or not snelled are Bahamas (40.2%), Ethiopia (34.7%), Cameroon (29.4%), Gabon (29.4%), and Algeria (25.6%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Sri Lanka (0%).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): China, $119M

Top Destination (2018): Japan, $59.1M

Fish-hooks, whether or not snelled are the world's 3202nd most traded product.

In 2018, the top exporters of Fish-hooks, whether or not snelled were China ($119M), Japan ($62.1M), South Korea ($20M), France ($19.2M), and United States ($16.9M).

In 2018, the top importers of Fish-hooks, whether or not snelled were Japan ($59.1M), United States ($36.8M), China ($11.7M), France ($11.4M), and South Korea ($10.9M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): Japan, $12M

Top Destination Growth (2017 - 2018): Japan, $13.7M

Between 2017 and 2018, the exports of Fish-hooks, whether or not snelled grew the fastest in Japan ($12M), China ($10.9M), United States ($5.62M), France ($3.91M), and South Korea ($2.35M).

Between 2017 and 2018, the fastest growing importers of Fish-hooks, whether or not snelled were Japan ($13.7M), Singapore ($4.9M), France ($3.8M), South Korea ($3.73M), and Costa Rica ($3.5M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Fish-hooks, whether or not snelled.

In 2018,  market concentration measured using Shannon Entropy, was 3.55. This means that most of the exports of Fish-hooks, whether or not snelled are explained by 11 countries.

Explore Visualizations

TOP NET EXPORTER (2018): China, $107M

TOP NET IMPORTER (2018): United States, $19.9M

This map shows which countries export or import more of Fish-hooks, whether or not snelled. Each country is colored based on the difference in exports and imports of Fish-hooks, whether or not snelled during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Fish-hooks, whether or not snelled were China ($107M), South Korea ($9.14M), France ($7.76M), Vietnam ($5.21M), and Madagascar ($3.47M).

In 2018, the countries that had a largest trade value in imports than in exports of Fish-hooks, whether or not snelled were United States ($19.9M), Dominican Republic ($6.96M), Norway ($6.64M), Germany ($6.39M), and Singapore ($6.36M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Fish-hooks, whether or not snelled. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Fish-hooks, whether or not snelled was 6.18%.  The countries with the highest tariffs for importing Fish-hooks, whether or not snelled were Bahamas (40.2%), Ethiopia (34.7%), Cameroon (29.4%), Gabon (29.4%), and Algeria (25.6%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.